Description from Knitty.com:

Classic and understated enough for him; interesting enough for me to knit, and at a gauge of 4 stitches to the inch, a project I was actually able to finish in this lifetime. For truly conservative tastes, omit the contrast color stripe; wilder guys can have fun picking from the 90-odd shades that Manos del Uruguay yarn comes in.

The vest is knitted in the round from bottom to armholes, then the front and back are worked back and forth separately.

ERRATA:

At armhole shaping, “CO” should be “BO”

Yes, it’s a typo and should be bound off stitches, which makes the math come out correct.

Also, under the front directions, referring to the part where you put the center sts on a safety pin, it says:
“Work 4345, 47, 48, 52 sts in patt, place next st on safety pin, attach a new ball of yarn, work in patt to end.”

It should say: “Work in pattern to the center st, place the center st on a safety pin, attach a new ball of yarn, work in pattern to end.” That way, no matter what your stitch count when you get to that point, you will get the desired result.

Sorry for the confusion. ):